Revolut Expands Merchant Payment Solutions by Integrating BigCommerce

Revolut Expands Merchant Payment Solutions by Integrating BigCommerce

Friday,

August 23, 2024 | 19:37 GMT⁢ by Jared Kirui

  • This integration promises high payment​ success⁣ rates, low transaction fees‌ and next day billing.
  • This integration enables more ⁤than 45 million Revolut customers to pay⁣ directly from their Revolut account.

‌ ​ ⁤ ‍ ⁢ ⁤ Revolut’s Business⁤ Payment Gateway
‌ ⁢ ⁤ ‌

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​ ⁢ This‌ integration articulates⁣ a collaboration ‍with BigCommerce to enhance payment solutions⁣ for online‌ merchants. Offering an ​improved experience, businesses can now accept ‌various payment methods and efficiently manage transactions within the​ BigCommerce dashboard. The official announcement details ‍how this collaboration ‍enhances ​customer checkout⁣ efficiency, ⁢making⁣ it live on August 23, 2024.

‌ The integration allows merchants using BigCommerce to process transactions in over **25 currencies**,⁣ ensuring **high success rates** with **competitive transaction fees**—specifically no additional⁤ charges for fraud monitoring or refunds.
⁤ ⁣
‌ ‍ ‍ Furthermore, ⁢it’s positioned as a budget-friendly solution aimed at optimizing payment processes through straightforward⁣ management ⁤integrations offered via the‍ admin dashboard.

‌ ‍ ​ ‌ More ⁣than **45 million satisfied customers ⁤from Revolut are provided this seamless service** with near-perfect approval ratings at **98.5%**,⁢ all underscored by robust PCI-DSS⁤ certification alongside cutting-edge fraud detection mechanisms.

⁤ ⁢ ‍​ ​ As part of its strategic expansion ​strategy ‌post growth surge—having​ added **12 million⁣ new ‍users from January to June of last year** achieving record revenues doubling from‍ $1.1 billion to $2.2 billion—the company⁢ is ​entering ⁢an exciting chapter.

‌ On July 20th , Revolut obtained‍ its banking⁣ license issued by UK’s Prudential Regulation Authority ⁤under conditional constraints known as “Authorization with ⁤Restrictions,” enabling ‌it operational⁣ flexibility while‌ transitioning⁣ into robust domestic banking conditions while continuously integrating ​features‍ like Ledger Live for enhanced cryptocurrency engagement ⁣through simpler processing without redundant verification steps.

‌ ‌ ‌ ‍ After⁤ onboarding ‍functionalities aimed towards improving digital asset management;⁤ delivering ​convenience translates into greater control without unwarranted hurdles traditionally associated with crypto trading platforms ⁤where users often endure ⁣protracted identity checks.
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Before concluding; ​it​ should be noted ⁤that each​ enhancement was crafted keeping pace ‍paralleling company⁤ targets toward consolidation across platforms aiming optimally streamline user⁣ experiences whilst empowering decision-making ⁤capabilities through insightful financial tools designed tailored specific ⁣market needs‍ identified accordingly throughout the recent⁣ timeline reviewed consistent improvements seen both incrementally structurally ‍productively position-related ​outcomes representing ⁤strengths gleaned during transitional ⁢periods noted… ⁣

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‍ ‌ ‍ ⁤ ‌Jared is a ⁢seasoned financial journalist‌ with a keen interest in Forex and CFDs.

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